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Hyperliquid (HYPE) Faces Resistance at $18 as Market Volatility Rises

  • HYPE token faces resistance at $18 and support at $15 as market volatility rises.
  • A hacker-cum-trader executed a $20 million trade, impacting price action and raising concerns about liquidity conditions.
  • Hyperliquid’s native token, HYPE, currently trades at $16 reflecting ongoing market activity driven by investor sentiment and broader crypto trends.
  • Technical indicators show strong resistance at $18 and support at $15, while market momentum remains uncertain.

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